Belarus - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Belarus - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends And Insights

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Motorcycle and Bicycle Price in Belarus - 2022

Contents:

  1. Motorcycle and Bicycle Price in Belarus (CIF) - 2022
  2. Motorcycle and Bicycle Price in Belarus (FOB) - 2022
  3. Motorcycle and Bicycle Imports in Belarus
  4. Motorcycle and Bicycle Exports in Belarus

Motorcycle and Bicycle Price in Belarus (CIF) - 2022

In March 2022, the average motorcycle and bicycle import price amounted to $145 per unit, therefore, remained relatively stable against the previous month. In general, the import price, however, posted strong growth. The pace of growth was the most pronounced in September 2021 an increase of 51% m-o-m. The import price peaked at $146 per unit in February 2022, and then contracted modestly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($1,008 per unit), while the price for China ($63.3 per unit) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Japan (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Motorcycle and Bicycle Price in Belarus (FOB) - 2022

The average motorcycle and bicycle export price stood at $145 per unit in March 2022, surging by 6.2% against the previous month. In general, the export price recorded a buoyant increase. The pace of growth was the most pronounced in February 2022 when the average export price increased by 100% m-o-m. Over the period under review, the average export prices hit record highs in March 2022.

There were significant differences in the average prices for the major overseas markets. In March 2022, the country with the highest price was Russia ($152 per unit), while the average price for exports to Kazakhstan ($75.5 per unit) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle and Bicycle Imports in Belarus

In 2022, overseas purchases of motorcycles and bicycles decreased by -9.7% to 438K units, falling for the second year in a row after two years of growth. In general, imports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 5.4%. As a result, imports attained the peak of 537K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, motorcycle and bicycle imports fell dramatically to $39M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 17%. Imports peaked at $48M in 2021, and then declined notably in the following year.

Import of Motorcycle and Bicycle in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.725.127.821.93.6%
Russia8.69.512.910.46.5%
Japan3.23.13.22.5-7.9%
Others4.74.64.53.7-7.7%
Total36.242.348.538.52.1%

Top Suppliers of Motorcycle and Bicycle to Belarus in 2022:

  1. China (336.7K units)
  2. Russia (85.9K units)
  3. Japan (3.7K units)

Motorcycle and Bicycle Exports in Belarus

In 2022, exports of motorcycles and bicycles from Belarus fell modestly to 248K units, shrinking by -2.9% on the previous year. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 6.4%. As a result, the exports reached the peak of 255K units, and then dropped modestly in the following year.

In value terms, motorcycle and bicycle exports stood at $21M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 59% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Motorcycle and Bicycle in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia11.517.215.916.212.1%
Latvia0.10.61.41.8162.1%
Kazakhstan0.10.71.11.3135.1%
Ukraine0.50.50.90.66.3%
Others0.71.41.41.322.9%
Total12.820.420.721.218.3%

Top Export Markets for Motorcycle and Bicycle from Belarus in 2022:

  1. Russia (211.7K units)
  2. Latvia (11.8K units)
  3. Kazakhstan (9.5K units)
  4. Ukraine (6.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the motorcycle and bicycle market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 30911100 - Motorcycles, and cycles fitted with an auxiliary motor, with an engine capacity . .50 cm.
  • Prodcom 30911200 - Motorcycles with reciprocating internal combustion piston engine > .50 cm.
  • Prodcom 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
  • Prodcom 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised

Country coverage:

  • Belarus

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belarus
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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